Low Income Apartments and Affordable Housing For Rent in Ludington, MI

Discover affordable housing in Ludington where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Longfellow Towers

301 E Court St, Ludington, Michigan 49431

225 Ludington

225 W. Ludington Ave., Ludington, Michigan 49431

Pine Way

1111 Pineway St, Ludington, Michigan 49431

Lawndale Apartments

900 Lawndale St, Ludington, Michigan 49431

Birch Lake

926 E Tinkham Ave, Ludington, Michigan 49431

200 Loomis

200 W Loomis St, Ludington, Michigan 49431

O&s Peterson Farms

3363 Brunson Rd, Ludington, Michigan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ludington, Michigan
$18.28/hour
$7.95 (+77%) more than Michigan minimum wage and $11.03 (+152%) more than the Federal minimum wage.
Learn More About Ludington, Michigan Affordable Housing ↓

What HUD offices serve Ludington, Michigan?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Ludington, Michigan.

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Ludington.

How many renters live in Ludington, Michigan?

The City of Ludington has 7,691 people living in 3,469 households.

There are 2,950 renters living in 1,446 renter households in this City. Renters make up 38.36 percent of the population living in Ludington.

What is the rental market like in Ludington, Michigan?

There are an estimated 4,404 housing units in the Ludington area. Of these, 1,469 units are rental homes, making up 33 percent of the housing market. For every renter household in Ludington, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Ludington?

The rental vacancy rate in Ludington is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Ludington for each bedroom size?

Occupied Rental Units by Size in Ludington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 412 629 276 52
Occupied Rental Units by Size in Ludington

A large number of apartments in Ludington have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Ludington are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 12 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ludington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $675 to $1,285. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $675
One BR $740
Two BR $965
Three BR $1,234
Four BR $1,285
2024 Fair Market Rents in Ludington, Michigan

How many units are rented at Fair Market Rent (FMR) in Ludington?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 0 100 percent
One BR 285 69 percent
Two BR 372 59 percent
Rental Units Below FMR in Ludington, Michigan

How many affordable rental units are in Ludington?

There are a variety of federal affordable housing programs serving households in Ludington, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 168
Section 8 Project-Based Rental Assistance 221
Section 202 Supportive Housing for the Elderly 24
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Ludington, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Ludington, Michigan

Ludington features 229 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Ludington, Michigan

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ludington.

Housing Choice Vouchers in Ludington, Michigan

On average, Section 8 Housing Choice vouchers pay Ludington landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Ludington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ludington, Michigan for a two-bedroom apartment is between $869 and $1,062.

Sourced from federal housing data and AffordableHousingOnline.com research.